Candlestick Patterns
Explore 15 chart patterns used in technical analysis
Ascending Triangle
A bullish continuation pattern defined by flat resistance and rising support, signaling that buyers are gaining strength and a breakout higher is likely.
Bear Flag
A bearish continuation pattern where a steep drop is followed by a weak, parallel bounce, with a breakdown signaling a resumption of the downtrend.
Bear Pennant
A bearish continuation pattern where a sharp decline pauses in a converging consolidation before breaking lower to extend the downtrend.
Bearish Symmetrical Triangle
A bearish continuation pattern formed by converging trendlines that, once broken to the downside, typically triggers a fast and sharp price decline.
Bullish Flag
A bullish continuation pattern where a sharp rally is followed by a brief, orderly pullback, setting up a breakout to new highs.
Bullish Pennant
A bullish continuation pattern where a sharp price spike is followed by a converging consolidation, with a breakout signaling the trend is resuming.
Bullish Symmetrical Triangle
A bullish continuation pattern where converging trendlines signal a period of consolidation before a sharp upside breakout.
Cup & Handle
A two-part bullish pattern where a rounded bottom followed by a brief consolidation sets up a high-probability breakout to new highs.
Descending Triangle
A bearish continuation pattern with flat support and declining highs, signaling that sellers are overwhelming buyers and a breakdown lower is likely.
Double Bottom
A bullish reversal pattern resembling the letter W, where two tests of the same support level signal that sellers have lost control and a trend change is underway.
Double Top
A bearish reversal pattern where two failed attempts to break resistance signal exhausted buying pressure and a likely shift to a downtrend.
Head & Shoulders
A classic bearish reversal pattern with three peaks — the middle being the highest — signaling a shift from an uptrend to a downtrend once the neckline breaks.
Inverse Head & Shoulders
A bullish reversal pattern with three troughs — the middle being the deepest — that signals a shift from a downtrend to an uptrend once the neckline is broken.
Triple Bottom
A bullish reversal pattern where three tests of the same support level signal sellers are exhausted, with a breakout above resistance confirming the trend change.
Triple Top
A bearish reversal pattern where three failed attempts to break resistance signal that buying pressure is spent and a significant decline is likely to follow.